South-Eastern Asia: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in South-Eastern Asia

The Southeast Asian drawing ink pen market stood at $X in 2022, standing approx. at the previous year. Overall, consumption, however, recorded a noticeable contraction. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Drawing Ink Pen Production in South-Eastern Asia

In value terms, drawing ink pen production shrank to $X in 2022 estimated in export price. Overall, production showed a noticeable downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Drawing Ink Pen Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, drawing ink pen exports contracted dramatically to $X in 2022. Overall, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Thailand (X units) represented the key exporter of indian ink drawing pens, fountain pens and stylograph pens, achieving X% of total exports. It was distantly followed by Singapore (X units), achieving a X% share of total exports. Indonesia (X units) held a relatively small share of total exports.

Thailand was also the fastest-growing in terms of the indian ink drawing pens, fountain pens and stylograph pens exports, with a CAGR of X% from 2012 to 2022. Indonesia (X%) and Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) remains the largest drawing ink pen supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Singapore stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with a decrease of X% against the previous year. Export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Drawing Ink Pen Imports

Imports in South-Eastern Asia

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were imported in South-Eastern Asia; growing by X% against the previous year. Total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, drawing ink pen imports fell to $X in 2022. Over the period under review, imports enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia represented the main importer of indian ink drawing pens, fountain pens and stylograph pens in South-Eastern Asia, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Thailand (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (X%). The following importers - Singapore (X units) and Myanmar (X units) - together made up X% of total imports.

Imports into Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), the Philippines (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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